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i agree with steve forbes that flow currencies, which is the standard value by which every entrepreneur has to guide and has decisions it's like floating our so that people wouldn't have to work so much. one man could have the power worth 50 minutes. the next come the 70 minute and needs in-house default swaps and insurance policies. just to guide the economy. one of the things that's happened over the last decade is that we've had a hypertrophy of finance and the reason of the excess and waste so much wealth and the economy is migrated to finance is because the currency is so unstable, that so much money can be made, betting on the ups and downs of our currency against foreign currencies. this is a big danger today. a lot of people attack the chinese for manipulating the currency. but the chinese just want to keep the currency stable. i saw the chinese want to do. they want to maintain the dollar as a standard of value. it's a saturday botching the currency. the threat to the american dollar does not come in beijing. they defend the dollar. the threat comes from washington and wall str
i agree with steve forbes that flow currencies, which is the standard value by which every entrepreneur has to guide and has decisions it's like floating our so that people wouldn't have to work so much. one man could have the power worth 50 minutes. the next come the 70 minute and needs in-house default swaps and insurance policies. just to guide the economy. one of the things that's happened over the last decade is that we've had a hypertrophy of finance and the reason of the excess and waste...
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and it steves group, the manhattan institute, has an extra very worth pointing at the differences, but you're right. taxpayers a beginning to realize this monopoly power that unions have over government which is the new frontier for them what the final frontier is really causing a rift between the rank-and-file workers in the private sector who have to pay these taxes for increased government and the rank-and-file workers in the public sector that are enjoying these benefits. it can't go on, and that was the battle in wisconsin, part of the baatle in michigan. lou: you cited a 2010 study in which you talk about the population growth of the right to work states. we are watching union states, usually high tax states. we are watching and the migration from those states. >> quite extraordinary. about 28 percent of the population lives in right to work states. by 2008 it was a 40%. it's now 43%, and it michigan becomes right to work, that means 46 percent of the population. if you had population growth in places like texas and florida in coming years we could be at 50% or higher, meaning mo
and it steves group, the manhattan institute, has an extra very worth pointing at the differences, but you're right. taxpayers a beginning to realize this monopoly power that unions have over government which is the new frontier for them what the final frontier is really causing a rift between the rank-and-file workers in the private sector who have to pay these taxes for increased government and the rank-and-file workers in the public sector that are enjoying these benefits. it can't go on,...
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we won in montana with steve bullock. he was a real leader, a real job creator, he is going to do great things in montana. we won in washington state with jay insl e! news who has been focused on economic development. we won there in a tight race. we come into this with a temperaturic organization that is well organized and can win even when we have have less friends than our other side. having said that, in 2014, we're looking a huge number of races. there are 34 races. so 2014 is going to be a huge year. . we have an exintruder candidate. he started his own business when he was 14 years old. now running against a right-wing tea party candidate attorney general there who literally said when asked do you align yourself with the tea party, he said i don't just align myself with the tea party i am a tea party groupie. it was rejected and we have high hopes for terry in virginia and we're going to help him. in new jersey it is no question that governor christie is popular. there are a lot of candidates, strong candidates in
we won in montana with steve bullock. he was a real leader, a real job creator, he is going to do great things in montana. we won in washington state with jay insl e! news who has been focused on economic development. we won there in a tight race. we come into this with a temperaturic organization that is well organized and can win even when we have have less friends than our other side. having said that, in 2014, we're looking a huge number of races. there are 34 races. so 2014 is going to be...
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and steve harrigan is live for us in cairo. steve, these are the biggest crowds we have seen yet. >>reporter: the largest crowds and the most violent. it has calmed down in the last hour at 10:00 p.m. in egypt but the worst clashes in two weeks of protests here. it wasn't police versus the protester but civilian on civilian, members of the muslim brotherhood who support president morsi and those who want to drive him from office and all the conflict happening outside the presidential palace that began with pushing and sticks and rocks and molotov cocktails and shots fired. showing how bitterly the country is divided. >>trace: what do we know what is behind the violence? >>reporter: the first two weeks, antimorsi protesters met in that sure square and now they are marching on the palace. there has been a lost restraint on of the pro morsi supporters which restrain was broken after the man on the palace where the wall were written on with graffiti. they moved in with sticks, rocks and later gun battles in exactly what followed after that. >>trace: thank you in late evening in cairo.
and steve harrigan is live for us in cairo. steve, these are the biggest crowds we have seen yet. >>reporter: the largest crowds and the most violent. it has calmed down in the last hour at 10:00 p.m. in egypt but the worst clashes in two weeks of protests here. it wasn't police versus the protester but civilian on civilian, members of the muslim brotherhood who support president morsi and those who want to drive him from office and all the conflict happening outside the presidential...
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steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not going to achieve getting rid of that in a five-year period. many estimates believe that in 2013-2014, the next fiscal year, it's going to be around 7%. that's better than the 11% inherited by this government, but will be a couple points worse than greece and spain. so that's a big negative for george osbourne. another one will be getting the percentage of debt compared with gdp in the country, getting that down within a five-year period, getting it syncing in the right direction. he thought it was going to peek around 75%, 75%. it looks like it could go up even further. so let's see what he says on that front today. in terms of options, he has very few options indeed because this is a government which as we know has set its fallout on plan a. and yet, are we seeing real aust
steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not going to achieve getting rid of that in a five-year period. many estimates believe that in 2013-2014, the next fiscal year, it's going to be around 7%. that's better than the 11% inherited by this government, but will be a couple...
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conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that
conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome....
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we get his take on it next. [ m] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barriereef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he n worry about other things, like what the mket is doing and being ready, no tter what happen which isn't rocket science. it's just common sense, from td ameritrade. stuart: we have our eyes on avalanche the stock this morning, it is now up after a huge drop yesterday. a lot at stake here. lot of people trying to avoid a tax bite next year. reports about apple losing market share, in the smart phone area in china and as charles said, once the stock goes down other people start selling making it fall even worse. it has been turned around and is now up $4. it was down $11 half an hour ago. the dow jones industrial average is pretty flat. it is up five points. it is because of the fiscal cliff, not because of the fiscal cliff, the fiscal clip could be play no
we get his take on it next. [ m] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barriereef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he n worry about other things, like what the mket is doing and being ready, no tter what happen which isn't rocket science. it's just common sense, from td ameritrade. stuart: we have our eyes on avalanche...
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to steve austria, steve is another one that reached out. as a 26 1/2-year veteran of the air force, wright patterson air force base is -- it's important to the state of ohio, that is true. but it's important to the air force. it's porch to our nation. -- important to our nation. and i've appreciated the work that steve has done there. steve might not realize this, but he trained many of the staff that i have today. i'm very pleased with the staff that i have here in washington and many of those that serve with me today, serving the sixth district of ohio, came through steve austria's office. and -- where they learned and where they saw the value of hard work and steve austria and i appreciate so much what steve has done for our delegation. to dennis kucinich. you know, i had seen dennis many, many times on television prior to being elected myself, seeing the interviews. dennis was a known leader and political figure in the state of ohio and people told me early on , you know, you don't have to agree with everything that dennis says, but one
to steve austria, steve is another one that reached out. as a 26 1/2-year veteran of the air force, wright patterson air force base is -- it's important to the state of ohio, that is true. but it's important to the air force. it's porch to our nation. -- important to our nation. and i've appreciated the work that steve has done there. steve might not realize this, but he trained many of the staff that i have today. i'm very pleased with the staff that i have here in washington and many of those...
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. >> steve: very simple to do. thank you very much for filling in. brian will be back here tomorrow. >> gretchen: see you then. >> steve: have a great day, everybody. martha: thanks, you guys. we start with this fox news alert. there is live look, lansing, michigan. massive crowds gathering at the state capitol. they're protesting the state's right to work law. the lawmakers set to cast the final votes inside that building this morning. we understand the governor is very ready to sign that into law. very controversial situation going on live in lansing. good morning, everybody, i'm martha maccallum. you are here in america's nice room. >> i'm gregg jarrett in for bill gregg: the right to work vote will mean unions will no longer force workers to pay dues. that the birthplace of the powerful united auto workers union. martha: this has huge national implications over the power of organized labor. governor rick snyder believes there will be more job. he believes the protests hurt more than they help. here he is. >> if you go forward you will create a en
. >> steve: very simple to do. thank you very much for filling in. brian will be back here tomorrow. >> gretchen: see you then. >> steve: have a great day, everybody. martha: thanks, you guys. we start with this fox news alert. there is live look, lansing, michigan. massive crowds gathering at the state capitol. they're protesting the state's right to work law. the lawmakers set to cast the final votes inside that building this morning. we understand the governor is very ready...
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. >> steve: yeah. we're going to be winners because we hope you will join us tomorrow as is always the case on friday, geraldo rivera is going to be joining us live. and we're going to show you how it take great holiday pictures. you know the photographs? you've got digital cameras. how often do you cut people's heads off? >> brian: florida georgia line coming up in the after the show show. they're awesome and got another great song waiting for you. >> gretchen: join me on studio b today, 3:00 p.m. eastern. here we ép, america. foxç news alert. yo. knewç worries government spending issspeeding out of control againsas the fed chair ben b%jbpgke says he will notmy let up on stimulus÷ú spending until unemploymentç gets a whole letç lower. we're a longay from that. heresin "america's úççç >> 85.ç that will continueb printing a lot of money. for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be
. >> steve: yeah. we're going to be winners because we hope you will join us tomorrow as is always the case on friday, geraldo rivera is going to be joining us live. and we're going to show you how it take great holiday pictures. you know the photographs? you've got digital cameras. how often do you cut people's heads off? >> brian: florida georgia line coming up in the after the show show. they're awesome and got another great song waiting for you. >> gretchen: join me on...
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steve is live for us in washington, with more on this. steve? >>reporter: the house speaker went for a white house for a one-on-one chat, the first time they have sat down without other leaders and it could represent an important step toward avoiding the fiscal cliff. the last time the 39 and the speaker met was with other members of congress november 15. they talked wednesday last week but that was a conversation by telephone. now they have sat down face to face. this top level meeting is important in any negotiating process in washington, dc. the fact they met on a sunday underscores the urgency. the white house confirmed the talks were held to discuss efforts to resolve the fiscal cliff and lines of communication remain open. the white house beating is the same day republicans appeared to be moving closer to the president's position on raising taxes for the wealthy. a senator appeared on fox news sunday along with a democrat schumer. >> the growing group of thugs are realizing they don't have a lot of cards related to tax issues. people are p
steve is live for us in washington, with more on this. steve? >>reporter: the house speaker went for a white house for a one-on-one chat, the first time they have sat down without other leaders and it could represent an important step toward avoiding the fiscal cliff. the last time the 39 and the speaker met was with other members of congress november 15. they talked wednesday last week but that was a conversation by telephone. now they have sat down face to face. this top level meeting...
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>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's wanted in belize, a country, for questioning about the murder of his neighbor. >> gretchen: he's been serving up lunch for five years, but it only took minutes for union workers in lansing, michigan, to completely destroy his famous hot dog cart. clinton's cart was inside the americans for prosperity tent and that is the same one that workers violently tore down on the capitol lawn as they protested the right to work law. there is good news here. people are now pitching in to help him out. so far they've raised $14,000 to get his
>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's...
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steve harrigan good to see you. thank you. most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are already talking about 2016. campaign carl cammeron live for us in our d.c. newsroom. they even showed up at the same event. >> they're actually about 16 republicans. maybe just at least that number who are actually looking for a white house run. a couple have already hired advisors and actually specialize in presidential politics. paul ryan has a lot of juice as the 2012 presidential. and marco rubio gave more than 70 speeches for romney over the last campaign year. last year both openly joked together about hitting the trail early in 2016, livin'. >
steve harrigan good to see you. thank you. most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are...
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meteorologist steve paulson is tracking the storm. that's a pretty shot there. >>> coming down on disputes between neighbors about second- hand smoke. the new law san francisco is thinking about to snuff out smoking. >>> and in contra costa county, we to have slow traffic as you drive between walnut creek and oakland. we'll tell you about that and the rest of the morning commute when "mornings on 2" continues. >>> researchers in china found a way to create blood cells using urine. researchers hope to one day use the new technique to treat diseases such as alzheimer's and parkinson's. >>> san francisco renters could soon find out ahead of time if they will be living next door to smokers. san francisco's board of supervisors could soon require landlords to give potential tenants a list of apartments where smoking is allowed. a city committee approved a plan and the board is expected -- board is expected to vote on it next ban. >>> 7:23. where is the smartest city in north america? one website says san francisco is the second smartest ci
meteorologist steve paulson is tracking the storm. that's a pretty shot there. >>> coming down on disputes between neighbors about second- hand smoke. the new law san francisco is thinking about to snuff out smoking. >>> and in contra costa county, we to have slow traffic as you drive between walnut creek and oakland. we'll tell you about that and the rest of the morning commute when "mornings on 2" continues. >>> researchers in china found a way to create...
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i think steve has it exactly right, though. the expansion to $1 trillion annually a year in terms of check writing is significantly potent in terms of potential inflation. it it just depends upon the private sector taking the bait and providing animal spirits to that fire power. >> i don't know if you saw at the top of the show, our crack team made a demonstration of ben bernanke pulling the economy over the cliff. if we go over, automatic tax cuts, automatic spending hikes on everybody, we must add, does ben bernanke and the merry band of fed governors have the strength and the ability and the fire power to pull us back? >> they've already admitted that, if we were to go over the fiscal cliff, there's little that the fed can do in terms of tools to create the kind of a scenario that we would like to see. so fortunately, the arguments for getting a deal done outweigh the arguments for not doing one before the 112th congress closes. >> you don't think, charles, they can not just shower the people with love, but shower them with
i think steve has it exactly right, though. the expansion to $1 trillion annually a year in terms of check writing is significantly potent in terms of potential inflation. it it just depends upon the private sector taking the bait and providing animal spirits to that fire power. >> i don't know if you saw at the top of the show, our crack team made a demonstration of ben bernanke pulling the economy over the cliff. if we go over, automatic tax cuts, automatic spending hikes on everybody,...
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dennis kucinich, betty sutton and steve augsrya. i want to thank steve latourette for his leadership and guidance in congress. i have had a privilege to working with my colleagues in support of our fellow buckeyes and americans. their service will not end with this congress. their innovative ideas and selfless service will be felt long after they leave the people's house. i look forward to their future roles as ohioans committed to advancing the interests of our communities, our state and our great country. mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentlelady from california, the minority leader, ms. pelosi, for five minutes. ms. pells: thank you very much, mr. speaker. i -- ms. pelosi: thank you very much, mr. speaker. i'm glad that our speaker has brought the fiscal challenges to this floor. it's been long overdue. we have been calling on the speaker to bring forth middle-income tax cut now for a very long time. in fact, since last summer when it
dennis kucinich, betty sutton and steve augsrya. i want to thank steve latourette for his leadership and guidance in congress. i have had a privilege to working with my colleagues in support of our fellow buckeyes and americans. their service will not end with this congress. their innovative ideas and selfless service will be felt long after they leave the people's house. i look forward to their future roles as ohioans committed to advancing the interests of our communities, our state and our...
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steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testostero
steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you...
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. >> it's snot just steve though. it's the talent steve attracted and whether or not thatt atalen is leaving or if it's still there. what are you shaking your head about? >> i think johnny ive is certainly as much of a talent magnet as steve jobs. this person has an aura about him. i think a lot of people at apple and surrounding apple are very exciting when tim cook did a good job of selecting johnny ive instead of scott forestall. you hear reports of people applauding that johnny is the man now. he's going to run the design over there. it's big news. >> all right. we'll leave it there. >> scott wasn't so popular either, which was part of the reason for the applause. >> guys, thanks. appreciate it. catch the full interview with apple ceo tim cook tonight 10:00 p.m. eastern on nbc's "rock center." >> looking forward to that. >>> as we head toward the close with about 40 minutes left on the trading session, losing altitude here. >> how about zynga? the company known for its farmville game, of course. the company is now
. >> it's snot just steve though. it's the talent steve attracted and whether or not thatt atalen is leaving or if it's still there. what are you shaking your head about? >> i think johnny ive is certainly as much of a talent magnet as steve jobs. this person has an aura about him. i think a lot of people at apple and surrounding apple are very exciting when tim cook did a good job of selecting johnny ive instead of scott forestall. you hear reports of people applauding that johnny...
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. >> steve calling from dallas the texas. hey, steve. good morning. >> how is it going? >> first up. >> i am a first-time viewer. love the show. >> bill: great to have you on board. thank you. >> i wanted to say, to me, i have no problem with same-sex marriages. my whole thing is this is a subject that just needs to be put to rest. i mean i want to get to the bigger issues, the more issues, which is my economy. i want to know what's going on with that, where we are going to go from here. >> bill: yeah. caller: to me, it's more important than whether jimmy and johnny want to get married. >> bill: steve, i am so glad you said that because i think most americans -- at least more and more americans feel that way. right? let's focus on what's important in our lives. right? caller: it's either that or big bird. >> peter: the big issues. >> bill: all right, steve. good to hear from you. now, let's hear, you know, now that you are with us one day, stick around for a while. barbara on the west coast in seattle, washington, what do you say, barbara? caller: well, i tell you i talk
. >> steve calling from dallas the texas. hey, steve. good morning. >> how is it going? >> first up. >> i am a first-time viewer. love the show. >> bill: great to have you on board. thank you. >> i wanted to say, to me, i have no problem with same-sex marriages. my whole thing is this is a subject that just needs to be put to rest. i mean i want to get to the bigger issues, the more issues, which is my economy. i want to know what's going on with that, where...
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a lot is people are unsure about the economy these days and the post-steve jobs era. >> even around christmastime when the products are popular as gifts. >> you think retail sales would translate well because there's so many other issues there besides how much they sell in the store. >> it's interesting. we'll see what happens with this case and if it has an impact of consumers that own these products. thank you very much. >>> marijuana is now legal under washington state law. that tops our look at stories around the "news nation." take a look. that's how they celebrated in washington state. the news came down after midnight as you know at the seattle center. it allows people to possess up to an ounce of pot, but they cannot smoke it in public. that looks like public to me. the police department will issue verbal warnings to violators. that explains the public video. lawyers for software company founder john mcafee sought guatemala denied his asylum. they detained him for entering the country illegally. he's wanted for questioning in connection with the murder of his neighbor. he denies any invol
a lot is people are unsure about the economy these days and the post-steve jobs era. >> even around christmastime when the products are popular as gifts. >> you think retail sales would translate well because there's so many other issues there besides how much they sell in the store. >> it's interesting. we'll see what happens with this case and if it has an impact of consumers that own these products. thank you very much. >>> marijuana is now legal under washington...
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steve cohen can invest to his heart's desire. he can invest all he wants, it is just that he will be a registered investment advisor. cheryl: thank you. it will be fascinating to see how far they get or do not get with steve cohen. charlie, thank you very much. "the closing bell" will ring in 29 minutes. it could be the worst month for ipos in ten years. paralyzed by the fiscal cliff. when will deals start to flow? that is coming up next in a fox business exclusive. ♪ says that clear answer is gold hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but whenoint pain and stiffness from psoriat arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffns, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. sious, sometimes fatal events including infections, tuberculosis, lymphoma, other
steve cohen can invest to his heart's desire. he can invest all he wants, it is just that he will be a registered investment advisor. cheryl: thank you. it will be fascinating to see how far they get or do not get with steve cohen. charlie, thank you very much. "the closing bell" will ring in 29 minutes. it could be the worst month for ipos in ten years. paralyzed by the fiscal cliff. when will deals start to flow? that is coming up next in a fox business exclusive. ♪ says that...
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Dec 11, 2012
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host: steve in massachusetts, democratic caller. caller: the home and that was just talking, i disagree with her as far as a drop in the bucket, when you look at curbing government pay. when you guys talk about the areas that get cut, the military spending, discretionary spending, and entitlements, what i want to hear in addition to that is government waste and fraud. when you talk about entitlements, you hear a lot of people argue about public waste and fraud. government waste and fraud, i think the later referred to it as instances. the gsa had a great deal of money being improperly spent. senator tom coburn has talked about redundancy in programs, senators and congressmen not looking back to see if there is a matrix in place and to see if they're actually working so that nonperforming programs -- host: let's get a response, because we're running out of time. guest: once again, i cannot emphasize enough that i am very much in favor of eliminating fraud and waste and inefficiency. it is hard to do. i don't agree with you that we ar
host: steve in massachusetts, democratic caller. caller: the home and that was just talking, i disagree with her as far as a drop in the bucket, when you look at curbing government pay. when you guys talk about the areas that get cut, the military spending, discretionary spending, and entitlements, what i want to hear in addition to that is government waste and fraud. when you talk about entitlements, you hear a lot of people argue about public waste and fraud. government waste and fraud, i...
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Dec 12, 2012
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the person in charge of building the platform is steve ayers, the architect of the capital. the platform will be about 10,000 square feet. the same size as the platform in 2005, which was the largest platform ever built. as you know, on this there will be 1600 people were comes to this platform. it has to be very strong. the former president, joins you, governors, and the diplomatic corps. one of which comes from brooklyn, one comes from near chattanooga. it is a bipartisan concept inaugural. the platform is made whole with specification so everyone can see pretty well. the design began more than a year ago. construction began in september. >> thank you, jack. george washington was supposed to have said that the most important inauguration was not the first one but the second want to see if we could reaffirm or transfer powers. whether we are republicans or democrats come we are looking forward to this. >> can we have mr. kerry did say something? >> thank you, senator. i am grateful to be here on behalf of the presidential inaugural committee. the partnership we have formed
the person in charge of building the platform is steve ayers, the architect of the capital. the platform will be about 10,000 square feet. the same size as the platform in 2005, which was the largest platform ever built. as you know, on this there will be 1600 people were comes to this platform. it has to be very strong. the former president, joins you, governors, and the diplomatic corps. one of which comes from brooklyn, one comes from near chattanooga. it is a bipartisan concept inaugural....
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Dec 13, 2012
12/12
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joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the debt and purchases that debt by printing money. melissa: nariman, a lot of people expected before the announcement today they would say they're backing off. instead they said they will target the unemploymt rate, you know as if this would give them license to go on morph longer. were you surprised and do you think it's a good idea? do you think steve is right that we're just monet
joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its...
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Dec 10, 2012
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steve? >> well, i do talk to "the washington post." they don't always necessarily listen, but i -- i don't recall seeing that particular article but i make a couple points. first of all, there are a ton of jobs. one of the thing you talk to most countries their desperate looking for skilled workers and degrees in engineering, there's a problem there in almost every industry and ultimately it comes down to entrepreneurship starts. i think it's worth noting people talk about business and private sector like it's like one thing. it's not. there's a small business sector in a restaurant and a lot of job that's are created by that sector. there's a big business sector, for chin 500 companies. a lot of jobs there. but growth in jobs and leverage in terms of innovation are young entrepreneurial growth companies and they do required skilled workers. back one company not too far away living social, started four years ago four people. now 4,000 people four years later and their challenge is hiring smart people to handle it. last point i make, pe
steve? >> well, i do talk to "the washington post." they don't always necessarily listen, but i -- i don't recall seeing that particular article but i make a couple points. first of all, there are a ton of jobs. one of the thing you talk to most countries their desperate looking for skilled workers and degrees in engineering, there's a problem there in almost every industry and ultimately it comes down to entrepreneurship starts. i think it's worth noting people talk about...
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how are you not steve jobs? >> in many ways. one of the things he did for me that removed a gigantic burden that would have normally existed is he told me on a couple of occasions before he passed away to never question what he would have done, never ask the question, what steve would do, to just do what's right. >> doing right has done well for tim cook so far. he's had a good first year on the job. the company's stock is up about 45% during his tenure. and think about this, he's already presided over the rollout of three ipads, two iphones and three macs. >> it is beautiful. stunning. >> you've got guys whose job it is to get this mesh right, to get this curve right. >> to get it precisely right. >> in fairness, however, this past year, they haven't gotten everything precisely right. >> weather. >> nice weather -- >> starting with siri, the small woman who lives in your iphone. the service amazed all of us at first, but then came under criticism for not being perfect or as consistently amazing as steve jobs wanted it to be. th
how are you not steve jobs? >> in many ways. one of the things he did for me that removed a gigantic burden that would have normally existed is he told me on a couple of occasions before he passed away to never question what he would have done, never ask the question, what steve would do, to just do what's right. >> doing right has done well for tim cook so far. he's had a good first year on the job. the company's stock is up about 45% during his tenure. and think about this, he's...
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Dec 7, 2012
12/12
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rosemary orozco is in for steve today. so after the big storm steve decided he needed ha little break. >> he's a little tired. good morning, to you. happy friday. we are in for a dry weekend. modest warming trend under way. we are waking up a lo
rosemary orozco is in for steve today. so after the big storm steve decided he needed ha little break. >> he's a little tired. good morning, to you. happy friday. we are in for a dry weekend. modest warming trend under way. we are waking up a lo
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never ask the question, what would steve do? to just do what is right. >> man who seldom talks about himself or his company, it is a fascinating conversation with tim cook, tonight, on rock center. >>> and up next, news for young mothers everywhere to remember while having a rough time of it with the kids. . my achy feet made it tough to play with billy. until he got his number. right! the machine showed me my pressure points on my feet, and it gave me my custom number. my arches needed more support. in two minutes, the dr. scholl's foot mapping center showed me my free foot map and my number. i'm a 440. that matched up to the dr. scholl's custom fit orthotic inserts with the support i needed. now, i play all day long! my feet. my number. my inserts. go to drscholls.com to find your closest walmart with a foot mapping center. i'm a believer! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professio
never ask the question, what would steve do? to just do what is right. >> man who seldom talks about himself or his company, it is a fascinating conversation with tim cook, tonight, on rock center. >>> and up next, news for young mothers everywhere to remember while having a rough time of it with the kids. . my achy feet made it tough to play with billy. until he got his number. right! the machine showed me my pressure points on my feet, and it gave me my custom number. my arches...
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Dec 12, 2012
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>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier talk being how yesterday some guy from a union socked him. >> i have never seen an angry mob filled with vitriolic hatred and i want to be clear. i did go in and provoke these people. i tried to provoke rational thought. i tried to provoke civil debate. i tried to then request they stop destroying private property and tearing down and trampling a tents with women and old people in it. then afterwards, a group of us did try and peel them off the tent as they were collapsing it upon women's heads beneath them, which of course, makes m
>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier...
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Dec 13, 2012
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though i do agree with steve's statement. that statement yesterday introduced a whole new level of ambiguity. and while i don't understand is, where did the -- where did their commitment to 2015 go? you may -- they make decisions -- >> the tendency projection between 6 and 8% in 2015 so they just swap one number for the other. >> i understand. but the thing is, if the feds, if dr. bernanke's policy is one that encourages more transparency from the fed and they are going to use this means of communication, then have you to be consistent. the minute we aren't consistent on that -- >> back to the original question, what does it maeb ean terms of prediction for 2013? >> don't ignore her. >> i am not used to being ignored. >> really, tie it all in. >> basically when you are facing a world -- let me back up one second. i could colorado hauld have giv advice three and half years ago. and if you had just done that and chaenged, you would be a winner. think i everyone gets too caught up in drn- >> what was the advice. >> be long secur
though i do agree with steve's statement. that statement yesterday introduced a whole new level of ambiguity. and while i don't understand is, where did the -- where did their commitment to 2015 go? you may -- they make decisions -- >> the tendency projection between 6 and 8% in 2015 so they just swap one number for the other. >> i understand. but the thing is, if the feds, if dr. bernanke's policy is one that encourages more transparency from the fed and they are going to use this...
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Dec 5, 2012
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Dec 6, 2012
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i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case you want to buy apple. >> there are a million different reasons flying around the street, whether it's a technical sell-off we're seeing, the margin requirement story that we talked yesterday about, any validity to any of that, or is it simply this is a stock that has dominated the action over the course of a year, and people are just taking profits where profits are to be taken. >> i think again a lot of the participation in the stock is short term thinking which is problematic and we'll expand upon that at a later point. again, we talk about the fundamentals of this company and i just don't get it. i know dennis yo
i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case...
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Dec 6, 2012
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apple tv living in the legacy of steve jobs. we're going to take a very close look on what is next for america's favorite gadgetmaker. >>> speaking of gadgets, rivalry research in motion, offering training programs and promotions for its upcoming blackberry 10. it's targeted corporations. bold move or maybe a desperate one? >>> any move might be welcome down here. democrats want tax hikes on the rich. republicans want entitlement cuts. we've heard this before, haven't we? what do average americans want to see in a fiscal cliff solution. we've got the exclusive results of our exclusive cnbc all-america economic survey. >>> now to everybody's all-american, sue herera standing by at the nyse. >> you're sweet, ty. thanks. >>> we're a little bit on the downside. we really kind of retraced a little bit on the dow jones industrial average. previous to this we were solidly in the green in all three of the major market indices. the dow now down 14 1/2 points. nasdaq up eight. the s&p is down just a fraction. of course we are also watchin
apple tv living in the legacy of steve jobs. we're going to take a very close look on what is next for america's favorite gadgetmaker. >>> speaking of gadgets, rivalry research in motion, offering training programs and promotions for its upcoming blackberry 10. it's targeted corporations. bold move or maybe a desperate one? >>> any move might be welcome down here. democrats want tax hikes on the rich. republicans want entitlement cuts. we've heard this before, haven't we? what...
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>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be millions of children this year will wake up without toys. we want everybody to get toys. >> brian: more fox friends friends in two minutes. >> more "fox & friends" in two minutes. >> brian: he knows um... uh... . . umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon.
>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be...
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Dec 11, 2012
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. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state house passed both bills today dealing with private and public sector unions. protesters were shouting "shame on you" from the gallery. michael moore said they're up to 15,000 people at the protest. state senate passed both bills last week and now michigan governor rick snyder says he'll sign them as early as tomorrow. nbc's ron mott is there. what's the latest? >> reporter: hey there, good day to you. i'm not sure about 15,000 number but there are still a lot of folks here. most of them have probably started making their away from the state capitol because the measures here to protest ha
. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state...
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Dec 12, 2012
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did not work. >> let me disagree with steve. the problem is not simple police we don't want to cut -- we don't want to raise taxes. if you look at this thing from a balance sheet perspective, raising taxes and cutting spending will do the same thing. they take money out of the economy. i think that that's true. i think we're going to go through two quarters of the recession. it will be a mild recession, 1.5% consecutive quarters down, and then we'll have, according to the cbo by the end of the year, a little less than 2% growth. we have to deal with this deficit. this is never going to be easy. i think it's worth having a mild recession, popping out of it after two quarters. i think it's worth making some of these cuts and worth everybody having to pay the same taxes when bill clinton was done. otherwise we're going to keep kicking this can down the road, and we're never going to get to the deficit. that is a big problem >> you know, governor -- >> alan greenspan agrees with him, by the way. do you think a mild recession, as he
did not work. >> let me disagree with steve. the problem is not simple police we don't want to cut -- we don't want to raise taxes. if you look at this thing from a balance sheet perspective, raising taxes and cutting spending will do the same thing. they take money out of the economy. i think that that's true. i think we're going to go through two quarters of the recession. it will be a mild recession, 1.5% consecutive quarters down, and then we'll have, according to the cbo by the end...
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Dec 12, 2012
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this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from richmond fed gave incentive this time around. there is a bit of confusion as i head this statement. t
this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will...
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Dec 11, 2012
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steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's start with you. so how does this work? if the police department is quote unquote, laid off, what keeps camden safe going forward? >> actually, the layoffs will not occur until such time as the new force stands up and has sufficient staffing to be able to take over the police functions. >> steve: when is that supposed to be? >> we're looking at the spring. the new police department by the end of spring. >> steve: okay. chief. eric and i both live in new jersey. we know camden has a real crime problem. we can put autopsy graphic that
steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's...
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Dec 8, 2012
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joining us now to analyze in new york is attorney steve greeneberg and from l.a. attorney. first the united states supreme court today announced it will take up two gay marriage cases prop 8 out of california and the defense of marriage act case out of new york. the court could hear the cases as early as march. okay. two big issues here. let's start first with -- i think we will start with the gay marriage issue first and then we will go to the pot question. steve, how do you think it's going to play out the doma case prop 8 case how two different cases how do you think doma case. >> doma case involves whether someone who had lived with domestic partner for 45 years should have to pay estate taxes where if they lived as husband and wife she would not have to pay estate taxes and prop 8 involves whether or not gay marriage is simply legal. i think what we are seeing here they only need four justices to decide whether to take the issue. i think there is a little bit of politics there because if obama appoints more justices, they are not going to have to get the issue before t
joining us now to analyze in new york is attorney steve greeneberg and from l.a. attorney. first the united states supreme court today announced it will take up two gay marriage cases prop 8 out of california and the defense of marriage act case out of new york. the court could hear the cases as early as march. okay. two big issues here. let's start first with -- i think we will start with the gay marriage issue first and then we will go to the pot question. steve, how do you think it's going...
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Dec 13, 2012
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so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if you don't get that message, it's his fault. and it's not clear to me that -- he may have failed in this regard. i thought stephanie came closest to what i think the fed chairman's trying to do, which was yesterday convey a policy that we are easier than we thought -- than you thought we would be. and that 6.5% unemployment is supposed to convey that we're not calendar day certain. we are data certain. and unless that data gets down to being closer to what we want it to be, then we're going to stay on hold. and by the way, t
so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if...
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a bullet passed right through her back and chest but missed vital organs. 45-year-old steve forsyth was married and a father of two, he sold media ads and was running a kiosk in the mall, supposedly just for the holidays. 04-year-old cindy yulie was a nurse and trying to find a gift for her stepson. >> cindy was an amazing hospice nurse. she spent her life helping other people transition to the end of life. and cindy yulie's family never got to say good-bye. >> reporter: now, the mall is closed again today, it's going to reopen tomorrow at 9:00. there's also going to be a candlelight vigil here. megyn? megyn: dan, thank you. >>> well, coming up, we are going to be joined by a former navy seal who says three things kept the death toll at that mall from being much higher. he'll explain what those are and what everyone should know about these kinds of situations and what you can do to minimize your chances of being caught in the crossfire. >>> plus, uproar in virginia over regulating water! and concerns that some new epa rules could end up costing people their homes. >>> yeah. imagine reas
a bullet passed right through her back and chest but missed vital organs. 45-year-old steve forsyth was married and a father of two, he sold media ads and was running a kiosk in the mall, supposedly just for the holidays. 04-year-old cindy yulie was a nurse and trying to find a gift for her stepson. >> cindy was an amazing hospice nurse. she spent her life helping other people transition to the end of life. and cindy yulie's family never got to say good-bye. >> reporter: now, the...